If you want to receive or send money from around the world, then the best option for you is to use PayPal as it is trustworthy and very secure website. Most of the ECommerce sites use PayPal as their payment gateway.
So, if you have to send or receive a small amount of money, then you can use PayPal to do that and you will receive the money in your bank account within a few days.
However, there are times when you look for alternatives to pretty much every website or products. In this case, you might be looking for the best PayPal alternatives because you are reading this article. I know that not a single website can beat PayPal but that doesn’t mean that other websites doesn’t provide amazing service.
There are a lot of various sites like PayPal that have been in the business for years and offers amazing service to their customers from around the world.
What is PayPal?
PayPal is an online payments system which allows users to link their PayPal account with a bank account or use a debit card or a credit card to transfer funds from one account to another. You can not only send money to someone but receive money with it as well.
PayPal charges a fee for money transfer and its varies depending on the currency and country the money is sent or received at. There is also a fee when you want to withdraw money depending on whether you want to use your card or your bank account. PayPal also has a buyer protection policy for up to 45 days and if you don’t like the service you were provided with, you can ask for a partial or a full refund within those 45 days.
PayPal is known internationally and is mostly used by online shopping sites and other online service providing companies. These alternatives might not be as famous as PayPal but they are safe and easy to use. Here is a list of the best sites like PayPal that you can use for your online business.
Also Read: Best Sites Like Craigslist
Best PayPal Alternatives to Sell Products & Transfer Money
Payoneer is one of the best websites that you can use to receive money from around the world directly in your bank account. The fees charged by Payoneer is lower compared to PayPal.
With Payoneer, you will receive US and EU Payment Bank service details using which you can easily receive a bank transfer from various companies. Then, this money will be directly transferred to your bank account. You can sign up with Payoneer for free and receive $25 as a signup bonus.
2CheckOut is a very old and well known online payment system service. 2CheckOut provides a really great service for selling both physical goods as well as digital products. As long as your servies are legal and ethical, 2CheckOut will allow you to use their payment gateway. 2CheckOut works globally and the fee is very minimal as well.
They offer a dynamic shopping cart that will convert your products price according to the buyers local currency. It is not only safe to use but the clearer pricing structure helps growing your sales as well.
Clcik2Sell is not much old but in the very few years of its service it has become very popular among the online service providers. Like all the other online payment system providers it allows users to sell both physical and digital product. But it also has additional services that no other payment providers are offering.
One of them is the inbuilt affiliate program that allows users to promote a product and earn commission and also allowing users to track their sales. This not only helps you from using any third-party affiliation service provider but also makes it simpler and easier to grow your traffic and sales.
Clickbank is best known for selling digital products like software, ebook or a membership to your site. It is a very old service provider and really easy to use. You can even add your companies logo and product photos on the order form. The site also generates a page with product details to help you increase sales. They also have a feature that allows you to charge a small fee for your service and the buyers can later pay the remaining amount. This feature not only helps in increasing your sales but also gives a low risk factor to new customers.
Payza provides services very similar to the services that PayPal provides but it makes the transition much easier. But currently there are some issues with Payza, it is blocked in the UK and has restricted many of the users account preventing them from accessing their funds. Also, users can not directly use their credit cards and first have to create an account before sending money to someone.
Skrill is also very similar to PayPal. It is free to setup and has a low fees as compared to PayPal. There are some features like sending text messages from your account that makes it very user friendly and the best and most popular alternative to Paypal. The international users can transfer money from their account to a prepaid debit card very easily.
These were the best Paypal alternatives that every online service provider should know about. When it comes to convenience and worldwide recognition Paypal is the best option but these alternatives are really good as well.
If you are using other sites like PayPal to sell your products or transfer and receive money, then we’ll appreciate it if you could share them with us using the comments section below.